Jerome Mutumba

DBN launches service charter

DBN launches service charter

Martin Endjala THE Development Bank of Namibia (DBN) has announced the official introduction of its complete Service Charter, titled ‘The Gold Standard,’ which is intended to strengthen the Bank's commitment to providing great services and cultivating unrivaled customer satisfaction. DBN's Chief Executive for Marketing and Corporate Communication, Jerome Mutumba, revealed this in a statement last week, saying that the launch is a commitment to excellence and customer satisfaction, and the Service Charter stands as a testament to DBN's core values and commitment to excellence. He underlined the Bank's commitment to clients and stakeholders, emphasising its commitment to provide great service…
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DBN announces retirement of CEO a year ahead

DBN announces retirement of CEO a year ahead

Martin Endjala The Board of the Development Bank of Namibia (DBN) has announced that Martin Inkumbi, CEO of the Bank, will step down from his position in August 2023, at the end of his current second five-year tenure, as he would not seek reappointment after serving ten years in the role. The Board has since commissioned the commencement of the recruitment process to ensure a seamless transition at the time of Inkumbi departure. During the intervening period, the Board will seek a potential successor in a transparent manner with the assistance of an external recruitment agency. This was confirmed today…
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Businesses recovery from pandemic to take time

Businesses recovery from pandemic to take time

CHAMWE KAIRA Businesses are slowly recovering from the losses brought about by disruptions from the Covid -19 pandemic lockdowns. The Development Bank of Namibia believes that the recovery process will still take time before businesses start to operate at normal levels. Head of Marketing and Corporate Communication, Jerome Mutumba notes that the debt servicing is still one area that a number of businesses are yet comfortably able to deal with, but some are slowly getting there. “Regrettably, there are businesses that simply had to shut down for good, and the only option for lenders to such business is liquidation of…
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